Recent Posts in Chicago bankruptcy lawyers Category

84 results found. Viewing page 1 of 4. Go to page 1 2 3 4   Next

Chicago Bankruptcy Attorney Weighs in On Decreased Filings

One particular region in Ohio has seen a sharp decline in the filings of personal bankruptcies, according to the Dayton Daily News. Throughout the first half of 2012 personal bankruptcies in the ...
Continue reading "Chicago Bankruptcy Attorney Weighs in On Decreased Filings" »

Will Congress Adjust the AMT to Avoid Fiscal Cliff?

Following the November election, many media pundits and experts are warning of the impending "fiscal cliff" expected to hit the country in early 2013. The term is used to describe a series of enacted ...
Continue reading "Will Congress Adjust the AMT to Avoid Fiscal Cliff?" »

Obama Tweaks 'Pay as You Earn' Program

On November 1, President Barack Obama put the final touches on the Pay As You Earn program for the repayment of student loans. It is an Income-Based Repayment (IBR) that is applicable for federal ...
Continue reading "Obama Tweaks 'Pay as You Earn' Program" »

Creditors of Student Loans Go after Co-Signers

Katy Stech of the Wall Street Journal recently wrote an editorial about Kristina Pietras, a student who became burdened with student loan debt before dropping out of the University of Toledo. Various ...
Continue reading "Creditors of Student Loans Go after Co-Signers" »

Four Things to Remember About FTC Rules on Debt Relief

According to an October 23, 2012 WVTM-TV article, it has been two years since the Federal Trade Commission (FTC) implemented new rules regulating the debt relief industry. WVTM noted that consumers ...
Continue reading "Four Things to Remember About FTC Rules on Debt Relief" »

Mayor Emanuel Critical of Governor Quinn Appointee Who Filed Bankruptcy

This Illinois Statehouse News video features Governor's Office of Management and Budget spokeswoman Kelly Kraft, who Governor Pat Quinn chose to be executive director of the Illinois Sports Facilities ...
Continue reading "Mayor Emanuel Critical of Governor Quinn Appointee Who Filed Bankruptcy" »

Which Workers Will Be Commanding Higher Incomes in 2013?

The Chicago Tribune reported on October 4, 2012, that technology, finance and administrative workers are among the professionals who are likely to be making more money next year. A report from ...
Continue reading "Which Workers Will Be Commanding Higher Incomes in 2013?" »

Obamacare May Reduce Some Large Medical Bills, But Not Everybody Can Be Protected

A Harvard study published in 2005 found that nearly two-thirds of bankruptcies were linked to illnesses and medical bills. "The cost of health care now causes a bankruptcy in America every 30 ...
Continue reading "Obamacare May Reduce Some Large Medical Bills, But Not Everybody Can Be Protected" »

More Consumers Refuse to Be Cleaned Out by 'Messy Business' of Debt Collection

Dr. Chris DeRitis, a consumer credit expert at the economic research and consulting firm Moody's Analytics, told the Times-Tribune of Scranton, Pennsylvania, that all debt collection is under the ...
Continue reading "More Consumers Refuse to Be Cleaned Out by 'Messy Business' of Debt Collection" »

US on Pace for 70 Percent Increase in Foreclosure Rescue Scams in 2012

This is a 2008 documentary produced by the Northwest Justice Project about foreclosure rescue scams. Four years later, these schemes remain a real problem, as the Chicago Tribune reported on October ...
Continue reading "US on Pace for 70 Percent Increase in Foreclosure Rescue Scams in 2012" »

'Rich Dad, Poor Dad' Author Files for Chapter 7 Bankruptcy

This video shows Robert Kiyosaki's appearance on Oprah Winfrey's talk show in 2000 following the publication of his successful financial self-help book, "Rich Dad, Poor Dad." On October 12, 2012, ...
Continue reading "'Rich Dad, Poor Dad' Author Files for Chapter 7 Bankruptcy" »

Layaway Looks Attractive, But Many Plans Can Cause Ugly Problems

On Monday, we discussed the increase in seasonal work this year that could help a lot of families in the Chicagoland area during the holidays. While that additional income could make a real ...
Continue reading "Layaway Looks Attractive, But Many Plans Can Cause Ugly Problems" »

Survey Shows Happy Holidays Ahead for Seasonal Workers

This September 2012 video from WPRI-TV and a story published in the Chicago Tribune on October 16, 2012, shared two observations: there will be more seasonal or holiday employment opportunities this ...
Continue reading "Survey Shows Happy Holidays Ahead for Seasonal Workers" »

Sinking Incomes No Help for Underwater Homeowners

In discussing the thousands of Illinois homeowners needing foreclosure help throughout the week, we concluded on Wednesday by noting the benefits of filing Chapter 13 bankruptcy for homeowners who are ...
Continue reading "Sinking Incomes No Help for Underwater Homeowners" »

Foreclosures Pushing Down Home Values, Nearly 250K Underwater

On Monday, we discussed some of the options available to the thousands of homeowners in the Chicagoland area and throughout Illinois needing foreclosure help. This crisis affects entire neighborhoods, ...
Continue reading "Foreclosures Pushing Down Home Values, Nearly 250K Underwater" »

Illinois AG Calls Attention to Foreclosure Assistance Programs

This astonishing interactive map from WNYC uses data from real estate information company RealtyTrac to display foreclosure rates by county across the United States. You can press play to see how the ...
Continue reading "Illinois AG Calls Attention to Foreclosure Assistance Programs" »

New Tool Helps Consumers Manage Credit Card Debt, Save Interest

Holiday shopping will be here before you know it, which could make some new tools on one website particularly helpful for thousands of families. The New York Times reported on October 1, 2012, that ...
Continue reading "New Tool Helps Consumers Manage Credit Card Debt, Save Interest" »

American Express Will Pay $112.5 Million For Deceiving Customers

The Associated Press reported on October 1, 2012, that American Express has agreed to pay $112.5 million in refunds and fines after a multiagency investigation of the company revealed the company ...
Continue reading "American Express Will Pay $112.5 Million For Deceiving Customers" »

Nearly One in Five Households Carrying Student Loan Debt

This CBS News video discusses the increasing number of Americans that are struggling with student loan debt. The Chicago Tribune reported on September 27, 2012, that a Pew Research Center analysis of ...
Continue reading "Nearly One in Five Households Carrying Student Loan Debt" »

High Costs of Getting Well Leaves Millions Worried Sick About Medical Bills

As we mentioned on Wednesday, staggering health care costs continue to be one of the leading reasons that many Americans file bankruptcy. Because anybody can get sick, medical bills affect people all ...
Continue reading "High Costs of Getting Well Leaves Millions Worried Sick About Medical Bills" »

Medical Bills Force US Congressman to Sell DC House

We have been recently writing about the impact that foreclosures have had on Chicagoland families, but the Washington Post reported on September 19, 2012, that Illinois' US Representative Jesse ...
Continue reading "Medical Bills Force US Congressman to Sell DC House" »

New Study Says Equipping Mortgage Servicers Better Could Have Prevented 800K Foreclosures

We spent much of last week discussing options for Illinois homeowners in need of foreclosure help, and on September 20, 2012, the Chicago Tribune reported that 800,000 foreclosures "could have been ...
Continue reading "New Study Says Equipping Mortgage Servicers Better Could Have Prevented 800K Foreclosures" »

'Hidden Time Bomb' Could Leave Thousands of Homeowners with Hefty Tax Bill

We mentioned on Wednesday that one benefit of filing Chapter 7 bankruptcy is the elimination of tax liability on a mortgage deficiency. However, the Los Angeles Times reported on September 7, 2012, ...
Continue reading "'Hidden Time Bomb' Could Leave Thousands of Homeowners with Hefty Tax Bill" »

Homeowners Facing Foreclosure Should Know Three Benefits to Chapter 7

On Monday, we discussed Illinois having the highest foreclosure rate in the nation in August and talked about some of the benefits that a Chapter 13 bankruptcy offers for homeowners needing ...
Continue reading "Homeowners Facing Foreclosure Should Know Three Benefits to Chapter 7" »

Foreclosure Filings Increase Nearly 150 Percent from Last Year

The Chicago Sun-Times reported on September 13, 2012, that Illinois had the highest foreclosure rate in the country in August as foreclosure filings going through court were up 148.6 percent from a ...
Continue reading "Foreclosure Filings Increase Nearly 150 Percent from Last Year" »
84 results found. Viewing page 1 of 4. Go to page 1 2 3 4   Next
Start Your Questionnaire

Categories

How may we help you?

Schedule an appointment today.

Why Choose Us?

  • You can meet with an experienced law Partner in the Firm not some associate.
  • We concentrate in foreclosure defense and bankruptcy so we have more options to offer you then other attorneys
  • We also represent individuals in Chapter 11's that offer better loan workout and restructuring options then Chapter 13 and most bankruptcy lawyers do not know how to do it.
  • We offer a free no obligation consultation where we will discuss your option or options, tell you the pros and cons of each one, the fees and costs and help you make an informed decision. There can be more then one solution!
  • We offer affordable payment plans and fixed fees in most cases.